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AboutCONSTRUCTION PURCHASE ORDER SOFTWARE
Purchase Order and Subcontract Management
Purchase Order Management
4castplus procurement streamlines the process of designing and issuing purchase orders. It’s packed with features to efficiently create, commit, track and manage purchases, subcontracts, rentals and master contracts. There is a wealth of built-in intelligence features to make the buyer’s life easy and productive. It’s all nicely organized, centralized, configurable and with logical workflows that tie everything together.
Materials and equipment procurement
Easily create purchase orders for materials, equipment, consumables or other hard goods. Import from a bill of materials, a drawing package, or add items from the built-in resource and costing databases. Access built-in features for setting up taxes, freight, delivery, inventory and expediting details.
Services subcontracts
4castplus makes it easy to subcontract services based on various contract types, including fixed price, time & materials or unit price. Include contract terms, document requirements, deliverables, milestones, holdbacks and much more.
Standardized attachments and documents
4castplus can be configured to allow buyers to pick attachment items from dropdown options such as terms, inspections, disclaimers, technical specs, etc. This standardizes procurement documents to ensure consistency and compliance. Buyers or vendors can upload submittal documents to attach to the purchase order.
Contracts, Commitments and Approvals
Cash flow planning and payment terms
For any PO or subcontract line item, buyers can effortlessly create cash flow plans, milestones, advance payments, holdbacks and much more. This sets up a cash flow timeline, along with a receiving plan and productivity metrics.
Committing and approving
As part of the commitment process, purchase orders can be submitted through a multi-stage approval workflow that can include members of the team, along with internal and external stakeholders. POs can be sent for e-signature once committed.
Revisions, Budget Controls and Close-out
Tie-in with budget and change orders
Any purchase or subcontract revision can be directly linked to a project budget change order.
Revision history and financial controls
4castplus provides a full history of changes to any purchase order or subcontract. 4castplus can be configured to ensure there is sufficient budget available for the commitments.
Purchase order management software for construction projects
4castplus enables your project teams to create, issue, commit and manage the full purchase order and subcontract lifecycle as an integral component of a project. Maintain tight visibility and control on the costs, activities and productivity of all your subcontractors and suppliers. Materials management, equipment rentals, miscellaneous purchases and subcontracted services can all coexist together with full control over budget, accruals, project inventory and much more. There is no other software system on the market that provides such comprehensive procurement management for construction projects.
Purchase
requisitions
Document
management
Resource costing databases
Vendor invoice matching
Multi-stage approvals
Multi-currency
Purchase requisitions
Document management
Multi-currency
Vendor invoice matching
Multi-stage approvals
Resource costing databases